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Arpit Goel

10th Oct · SEBI Registration INA100014055

PNB
Price Action Of Punjab National Bank

The chart for

PNB
displays a wide rounding bottom formation spanning much of 2024 and 2025, where the price steadily recovered from a large correction and is now approaching previous resistance near ₹115–₹120. The price action shows persistence above both the 100-day and 200-day EMAs, with rising volume suggesting accumulation. The recent breakout above ₹115 confirms the rounding bottom and signals bullish strength. Sustained momentum above this level should favor continued upside.

#TechnicalViews
pnb.jpg
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